Handling share conversions

I hold an IRA in which, at one time two funds were represented. The IRA
management team opted to move, or convert, all the shares from "Fund B" into
"Fund A". How is this best handled in Money?

via_newsgroup
Sat Jan 21 17:41:53 CST 2006

In microsoft.public.money, GreggC wrote:

>I hold an IRA in which, at one time two funds were represented. The IRA
>management team opted to move, or convert, all the shares from "Fund B" into
>"Fund A". How is this best handled in Money?

The best way is to do a Sell of fund A, and a Buy of fund B.

Michael
Sun Jan 22 19:15:29 CST 2006

In an IRA, a Remove Shares and then an Add Remove Shares should do the same,
right?

--
Michael Gordon
MVP


"Cal Learner-- MVP" <via_newsgroup@please.tnx> wrote in message
news:4lh5t1ttel0e477n9apmjggumnkrbgt5jf@4ax.com...
> In microsoft.public.money, GreggC wrote:
>
>>I hold an IRA in which, at one time two funds were represented. The IRA
>>management team opted to move, or convert, all the shares from "Fund B"
>>into
>>"Fund A". How is this best handled in Money?
>
> The best way is to do a Sell of fund A, and a Buy of fund B.

via_newsgroup
Sun Jan 22 20:12:53 CST 2006

In microsoft.public.money, Michael Gordon, MVP wrote:

>In an IRA, a Remove Shares and then an Add Remove Shares should do the same,
>right?

Same? I don't think that Remove Shares and Add Shares work the same
in each version. I don't remember the specifics. I seem to have had
the presence of Add/Remove Shares make performance information not
work. Having run into disadvantages with Add Shares and Remove
shares in the past, I avoid them. They may do fine.

Michael
Wed Feb 01 18:58:07 CST 2006

When you Add Shares, you can designate a value in recent versions of
Money -- so the cost basis should be the same as if one did a Buy Shares.

--
Michael Gordon
MVP


"Cal Learner-- MVP" <via_newsgroup@please.tnx> wrote in message
news:one8t1d4jutfsj1v2qrcrvnebpihvc596s@4ax.com...
> In microsoft.public.money, Michael Gordon, MVP wrote:
>
>>In an IRA, a Remove Shares and then an Add Remove Shares should do the
>>same,
>>right?
>
> Same? I don't think that Remove Shares and Add Shares work the same
> in each version. I don't remember the specifics. I seem to have had
> the presence of Add/Remove Shares make performance information not
> work. Having run into disadvantages with Add Shares and Remove
> shares in the past, I avoid them. They may do fine.
>